Re: [bitcoin-dev] Compressed Bitcoin Transactions

2023-09-05 Thread Tom Briar via bitcoin-dev
Hi Peter, Currently, if we’re given a lock time that is non zero, we drop the 16 most significant bits and grind through until we have a valid signature. Therefore I am hesitant to add more fields to grind through, because it can get out of hand in decompression time really quickly. That said

Re: [bitcoin-dev] Compressed Bitcoin Transactions

2023-09-05 Thread Peter Todd via bitcoin-dev
On Fri, Sep 01, 2023 at 01:56:18PM +, Andrew Poelstra via bitcoin-dev wrote: > We can swag what the space savings would be: there are 122MM utxos right > now, which is a bit under 2^27. So assuming a uniform distribution of > prefixes we'd need to specify 28 bits to identify a UTXO. To

Re: [bitcoin-dev] Concern about "Inscriptions"

2023-09-05 Thread Peter Todd via bitcoin-dev
On Sun, Sep 03, 2023 at 06:01:02PM +0200, vjudeu via bitcoin-dev wrote: > > Given the current concerns with blockchain size increases due to > > inscriptions, and now that the lightning network is starting to gain more > > traction, perhaps people are now more willing to consider a smaller > >